Laserfiche WebLink
SELL ALL (NO SALVAGE) <br />Project: Br'l t l Street j=ioveniejjtjPjQject - <br />Psase A <br />APN: 405 - 271.1?, & 1,3 , <br />Tenant - Seller: Georpol)r Audq <br />AGREEMENT FOR ACQUISITION OF TENANT- SELLER'S <br />INTEREST IN REAL PROPERTY <br />THIS AGREEMENT ( "Agreement ") is entered into as of this day of <br />2016, by and between THE CITY OF SAN'T'A ANA, a charter city and <br />municipal corporation duly organized under the Constitution and laws of the State of California <br />( "Buyer "), and George Dc_Anda ( "Tenant- Seller ") for the acquisition by Buyer of certain <br />interests in real property described heroin, <br />IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />I . AgLtRFMENJ, Tenant•Seller agrees to sell and convey to Buyer, and .Buyer agrees <br />to purchase and acquire from Tenant-Seller, upon the terms and for the consideration set forth in <br />this Agreement, (a) all right, title and interest, in and to certain improvements, including fixtures <br />and equipment (collectively "Improvements ") located in, on, or affixed in any manner to the <br />promises known and nrunbered as 1221 'N, Bristol Street, Santa Ana, California and 1240 W. <br />Washington Avenue, Santa Ana (".Premises") which Premises are part of that real property <br />described in Exhibit A'attached hereto, located in the City of Santa Ana,, Orange County, California <br />(" Property "), and (b) any truancy 'interest of Tenant- Seller ( "Tenancy Interest ") in and to the <br />Premises and the Property, The Improvements to be conveyed by T'rrlant- Seller are a pant of the <br />Premises, and specifically include, without limitation, the items described in the list of <br />Improvements Pertaining to t4 Realty attached hereto as Exhibit B, <br />2. PURCHASE PRICE, The total purchase price, payable in cash through this <br />Agreement, shall be the sum of: TWO I- JUNDIIED TWENTY T'HOESAND FOTJR HUNDRED <br />SIXTV -FIVLI AND N�00 DOLLARS ($220,465A0) ("Purchase Price ") which is computed as <br />Value of Conveyed Improvements as shown on Exhibi $120,465.00 <br />Loss of Business Goodwill $100,00100 <br />TOTAL AMOUNT PAYABLE THROUGH THIS AGREEMENT $220;465:08 <br />3. . Tenant- Seller agrees to <br />execute a Quitclaim Decd in Elie same form as that attached hereto as EXLiLtftC in favor of Buyer <br />( "Quitclaim Deed "), relinquishing, releasing, and forever quitclaiming to Buyer, all right title and <br />interest in and to the Tenancy Interest as of February 1, 2017, <br />4, Teirant- Seller will vacate the property by February 1, 2017, <br />4,163755.1 -- N 1565.1 <br />Exhibit 2 <br />25F -5 <br />